What is Northland Securities’ Forecast for SMCI Q3 Earnings?

Super Micro Computer, Inc. (NASDAQ:SMCI) – Equities researchers at Northland Securities boosted their Q3 2026 earnings estimates for shares of Super Micro Computer in a note issued to investors on Wednesday, February 4th. Northland Securities analyst N. Chokshi now expects that the company will post earnings per share of $0.53 for the quarter, up from their previous forecast of $0.45. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share. Northland Securities also issued estimates for Super Micro Computer’s Q4 2026 earnings at $0.40 EPS, FY2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.88 EPS, Q4 2027 earnings at $1.22 EPS and FY2027 earnings at $2.59 EPS.

Other research analysts have also recently issued reports about the company. KGI Securities raised Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Wednesday, November 5th. Barclays set a $38.00 target price on Super Micro Computer and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group lifted their price target on shares of Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research note on Wednesday, February 4th. Sanford C. Bernstein reduced their price target on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $44.13.

Super Micro Computer Price Performance

SMCI opened at $33.53 on Monday. The stock has a market cap of $20.02 billion, a P/E ratio of 25.02, a P/E/G ratio of 0.67 and a beta of 1.53. Super Micro Computer has a 12 month low of $27.60 and a 12 month high of $66.44. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. The company has a fifty day simple moving average of $31.35 and a 200 day simple moving average of $40.87.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.49 by $0.20. The firm had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The business’s quarterly revenue was up 123.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after buying an additional 2,695,829 shares during the last quarter. Geode Capital Management LLC raised its holdings in Super Micro Computer by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock worth $402,627,000 after acquiring an additional 41,314 shares in the last quarter. Disciplined Growth Investors Inc. MN boosted its position in Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after purchasing an additional 1,381,046 shares during the last quarter. Invesco Ltd. boosted its position in Super Micro Computer by 31.6% during the second quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock valued at $423,436,000 after purchasing an additional 2,073,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Super Micro Computer by 5.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock valued at $194,655,000 after purchasing an additional 200,109 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.